Trump Is Right To Worry About the Cost of Aggressive COVID-19 Control Measures
So far politicians have been acting as if only one side of the ledger matters.
President Donald Trump is rightly worried that the "cure" for COVID-19—sweeping restrictions on travel, local movement, business activity, and work—could prove to be "worse" than the disease. That may already be true, because politicians have been acting as if only one side of this ledger matters.
Economists are predicting that the official response to the pandemic could lead to a downturn as bad as or worse than the Great Recession of 2008–09, which cost Americans...